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Journal Articles Journal of Comparative Policy Analysis Year : 1994

Markets and organizations as coherent systems of innovation


The firm, its tasks and the way in which it relates to the market appear in a different light with respect to the standard theory, within the perspective of a process of innovation interpreted as a creation of resources. The main problem with a similar process — a learning process which essentially consists of the structuring of new and totally original productive options — is to make it viable. This implies that markets and organizations should not be looked at as distinct institutions whose respective efficiency must be tested with respect to a problem of allocation of given resources, but rather considered as a system whose coherence depends on being able to render a process of creation of new specific resources viable.
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Dates and versions

hal-03399103 , version 1 (23-10-2021)


  • HAL Id : hal-03399103 , version 1
  • SCIENCESPO : 2441/6548


Mario Amendola, Jean-Luc Gaffard. Markets and organizations as coherent systems of innovation. Journal of Comparative Policy Analysis, 1994, 23 (6), pp.627 - 635. ⟨hal-03399103⟩


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